SIK11 – May Silver (Last:35.965)

May Silver (SIK11) price chart with targetsLate Sunday night, May Silver was giving up little of Friday’s sharp rally, hinting of a renewed thrust today to as high as 37.300. That’s a Hidden Pivot, and it has evolved to look more compelling than other rally targets given here earlier; as such, it should supersede them.  A lesser pattern could produce a stall at exactly 36.490, so be alert if and when the futures reach that level.  Camouflageurs looking for a safe way to board will probably need to use charts of three-minute degree or less.